Member Info for gotabesirius

Must be some big delayed buys to come through

Ok thanks, where would you see the break even figure with gold per ounce?

$17,000 per tonne (ish) at the moment and costs around $13,000????

Do you really see it drifting that low? Quarterly and half year results due within a month and the likelihood of massive profits / market cap with higher gold and Nickel over the last qtr. Although both have fallen back both operations are still profitable with Nickel still generating around $4000 per tonne profit even at current levels.

Up 4% at the minute. This should signal a recovery to nearer 3p next week in my opinion. Great buying opportunity Monday morning!

Yer, maybe a responce to an improved Nickel and Gold market today. I'm pleased Nickel has stopped falling especially!

Biggest daily rise for weeks. Right on resistance now at 8.54. break this an we are on our way to 9

Momentum up to second qtr results should see this nearer 4p in my opinion. Those that sold post first qtr will be back pre 2ns qtr. Providing nickel holds steady that is!!

Many thanks

Any chance of pasting the report onto here please? Thanks

Ok in that case bind.zw first qtr pbt £2million. Second qtr £5million pbt

http://www.bloomberg.com/news/2014-08-12/nickel-s-56-rally-spurs-mine-restarts-amid-ore-ban.html

Hopefully we will see a change in sentiment following the recent down trend. Looks like the 50 day MA provided support and we will hopefully see the confirmation of fundamentals shining through with the oversold signals shouting out from the roof tops. I still can't quite get my head around how MWA's 75.4% (latest figure quoted on MWA website following BNC placing) stake in BIND.zw is worth more than MWA' s entire estate? It just doesn't compute and sooner or later the market will re assess this disparity with a rerate in MWA price. Remember - Nickel looking very bullish and China investing national wealth in Gold. There could be worse companies to have your money at the moment! ha

To move, sellers out buyers moving back in. Has all the feel of a 10% rise tomorrow

Good morning! I will hold you to that ha! I have been watching the trades for the last few days and there is definitely a buyer in the background taking all available. Once the over leveraged have sold out this should rise as I think anyone else who wanted to sell out would have already. The Nickel story is one of the most compelling with this stock with all analysts agreeing the price will rise in 2014 / 2015, even if Indonesia (who exported 20% of worlds Nickel pre ban) begin limited exports later in 2015. With current stock piles dwindling, limited supply and potential for further sanctions on Russia who are a large Nickel exporter, the squeeze on Nickel will begin later this year. As a result the impact on profit for BNC will be huge with each 5% rise in Nickel resulting in approximately 20% increase in profits for BNC. This should be on top of higher production in the second half of 2014 following the increased stockpiles and reduced expenditure on maintenance following the significant expenditure on hardware which was undertaken last quarter. Gold is more of an uncertainty, however, I feel more comfortable in a stock which will benefit hugely from a gold price increase as I can see a spike as investors move to this safe haven as a result of the increasing number of global geopolitical issues which continue to be unresolved. As a result this makes Mwana a great hedge against falling equities.

Should be in late September. Only 7 weeks or so away and will be accompanied with a trading update as per last year. Thats should give a good indication as to how second half results are looking and whether a ramp up in production by BIND has been accomplished.

and 800,000. Wonder if any of them belong to directors!!

Well up again today.

And although slightly disappointed nickel output should benefit hugely from maintenance completed whilst price was highest. Diamond production massively up! All in place for huge profits.second half of 2014 and if nickel price heads where analysts expect this wont be sub 3p very long.

MWA 76% stake in BIND.ZW is now worth more than the MC of MWA. Unbelievable!!!